Adient announces increased share repurchase authorization and adoption of tax benefits preservation plan
PR Newswire•04/11/2026•06:55 ET
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Key Highlights
- ➤$400M repurchase increase lifts total authorization to $1B
- ➤$435M remains available under Adient’s share repurchase authorization
- ➤$3.5B tax attributes may offset future taxable income
- ➤Tax plan targets ownership changes that could limit Section 382 benefits
Expert Statements
Jerome Dorlack, President and Chief Executive Officer of Adient
“We are committed to a disciplined capital allocation strategy focused on enhancing long-term shareholder value through share repurchases, while continuing to invest in our business and maintain a strong, flexible balance sheet that supports sustainable growth and financial strength.”
Jerome Dorlack, President and Chief Executive Officer of Adient
“The increased share repurchase authorization reflects our confidence in the company’s future cash generation and provides additional capacity to return capital to shareholders. At the same time, the board’s adoption of the Tax Benefits Preservation Plan helps safeguard a valuable corporate asset that can support future cash flow and long-term value creation.”
Adient announces increased share repurchase authorization and adoption of tax benefits preservation plan PR Newswire
PLYMOUTH, Mich., Nov. 4, 2026 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced that its Board of Directors has approved an increase to the company's share repurchase authorization and adopted a Tax Benefits Preservation Plan intended to protect the value of Adient's significant U.S. tax attributes for the benefit of all shareholders.
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